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BMI forms 50 Day Moving Average Resistance on July 30
BMI finished lower by 2.35% on Thursday, July 30th, trading 1.6 times its typical volume. 50 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 127.08, 123.77 & 119.68, with resistance at 134.48, 138.57 & 141.88.
Current SwingTradeBot Technical Rating of BMI: D
More technical signals and insights for BMI → Visit SwingTradeBot.com
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